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India billet index falls amid limited demand

Source: BigMint Jun 25, 2026 08:30
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Widening bid-offers gap and limited enquiries weigh on semis. Finished steel sees mixed trend, while sponge iron prices unchanged
Billet index declined marginally by INR 100/t day-on-day to INR 38,650/t exw-Raipur on 23 June 2026, as limited spot buying activity and a widening bid-offers gap continued to pressure the semi-finished steel segment.   Market sentiment softened during the day amid weak enquiries and cautious procurement patterns. Buyers largely restricted purchases

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